Lamb Weston (NYSE:LW) Stock Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Lamb Weston Holdings, Inc. (NYSE:LW). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lamb Weston stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.

Lamb Weston Price Performance

Lamb Weston stock opened at $58.47 on Friday. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.53 and a current ratio of 1.35. The firm has a market cap of $8.34 billion, a P/E ratio of 23.11, a P/E/G ratio of 1.46 and a beta of 0.72. The business’s fifty day moving average is $64.14 and its two-hundred day moving average is $67.44. Lamb Weston Holdings, Inc. has a 52 week low of $52.99 and a 52 week high of $107.50.

Lamb Weston (NYSE:LW) last posted its quarterly earnings data on Thursday, December 19th. The specialty retailer reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.67 billion. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. Lamb Weston’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.45 EPS. Equities research analysts forecast that Lamb Weston Holdings, Inc. will post 3.1 earnings per share for the current fiscal year.

Lamb Weston Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, January 31st will be paid a $0.37 dividend. The ex-dividend date is Friday, January 31st. This represents a $1.48 dividend on an annualized basis and a yield of 2.53%. This is a positive change from Lamb Weston’s previous quarterly dividend of $0.36. Lamb Weston’s payout ratio is currently 58.50%.

Insider Buying and Selling at Lamb Weston

In other news, Director Charles A. Blixt acquired 1,200 shares of Lamb Weston stock in a transaction dated Monday, December 23rd. The stock was bought at an average cost of $63.25 per share, with a total value of $75,900.00. Following the completion of the transaction, the director now directly owns 22,982 shares of the company’s stock, valued at approximately $1,453,611.50. This represents a 5.51 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert A. Niblock acquired 3,000 shares of Lamb Weston stock in a transaction dated Monday, January 13th. The shares were purchased at an average cost of $60.94 per share, with a total value of $182,820.00. Following the completion of the transaction, the director now directly owns 26,406 shares of the company’s stock, valued at $1,609,181.64. This trade represents a 12.82 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on LW shares. Deutsche Bank Aktiengesellschaft started coverage on Lamb Weston in a research note on Thursday, December 12th. They issued a “hold” rating and a $81.00 price objective on the stock. JPMorgan Chase & Co. boosted their target price on Lamb Weston from $68.00 to $78.00 and gave the stock a “neutral” rating in a research report on Monday, December 16th. Bank of America boosted their target price on Lamb Weston from $68.00 to $80.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Sanford C. Bernstein started coverage on Lamb Weston in a research report on Tuesday, December 3rd. They set a “market perform” rating and a $85.00 target price for the company. Finally, Citigroup downgraded Lamb Weston from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $90.00 to $68.00 in a research report on Friday, December 20th. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $81.00.

Institutional Investors Weigh In On Lamb Weston

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. HB Wealth Management LLC grew its stake in Lamb Weston by 6.5% in the fourth quarter. HB Wealth Management LLC now owns 13,343 shares of the specialty retailer’s stock valued at $892,000 after acquiring an additional 817 shares during the period. Nicola Wealth Management LTD. acquired a new position in Lamb Weston in the third quarter valued at about $6,474,000. Clarkston Capital Partners LLC grew its stake in Lamb Weston by 108.7% in the third quarter. Clarkston Capital Partners LLC now owns 3,107,929 shares of the specialty retailer’s stock valued at $201,207,000 after acquiring an additional 1,618,570 shares during the period. Insight Wealth Strategies LLC grew its stake in Lamb Weston by 36.0% in the fourth quarter. Insight Wealth Strategies LLC now owns 61,950 shares of the specialty retailer’s stock valued at $4,140,000 after acquiring an additional 16,412 shares during the period. Finally, Citigroup Inc. grew its stake in Lamb Weston by 39.3% in the third quarter. Citigroup Inc. now owns 156,242 shares of the specialty retailer’s stock valued at $10,115,000 after acquiring an additional 44,057 shares during the period. Institutional investors own 89.56% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Lamb Weston

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.